SEWELL & GARDNER
Tenants in the local area can rest easy knowing their money is ‘SAFE’ and sound, as Rickmansworth-based letting agent Sewell & Gardner, become the latest firm to join the SAFEagent campaign. The campaigned is aimed at raising awareness of the logo to look for, when tenants’ and landlords’ want to ensure that their money is protected by a Client Money Protection Scheme.
With over 1,200 letting and management agents now registered in the UK to use the logo, consumers should always look for the easily identifiable mark.
The launch of SAFEagent follows a number of high profile media cases where unscrupulous lettings agents have absconded with tenant and landlord funds.
The logo has been launched FOR lettings agents BY letting agents with the aim of identifying agents in Client Money Protection Schemes and highlighting the risks of using “uninsured” agents.
Jane Gardner, Lettings Director at Sewell & Gardner says:
“We want every tenant and landlord that we welcome through our doors to have peace of mind when it comes to client money protection. And, this is exactly what we can reinforce now that we bear the SAFEagent logo. The message to the consumer is simple – everyone looking to rent or let should ensure that they use a firm which is part of a client money protection insurance scheme* – look for the SAFEagent logo.
Landlords and tenants often make decisions based on cost but it is important to ensure you ask your agent for details of the organisation they are regulated by and which client money protection scheme covers them. All agents regulated by NALS, the Law Society, ARLA/ NAEA, and RICS maintain and operate designated client accounts where clients’ money is held completely separate from the operating funds of the firm. If the agent you are using cannot provide you with the assurance of knowing they are covered by a client money protection scheme the question you need to ask is why not?”
SAFEagent is also backed by industry and consumer organisations such as Shelter, CAB, NUS, the British Property Federation, the Trading Standards Institute, the Council of Mortgage Lenders and The Property Ombudsman. For more information on the SAFEagent campaign, please visit www.safeagents.co.uk.
SAFEagent – Safe Agent Fully Endorsed – is a reliable mark denoting firms that protect landlords and tenants money through Client Money Protection schemes. Set up ‘by the industry, for the industry’ it is supported by Shelter, NUS, Trading Standards Institute, Council of Mortgage Lenders, Residential Landlords Association, The Property Ombudsman and the British Property Federation.
About Client Money Protection
There are several client money protection schemes in the sector operated by ARLA, NAEA, the Law Society, NALS and RICS to which agents voluntarily belong. The scope of these schemes varies and consumers should contact their agent for full details of the scheme of which they are a part.
SAFEagent Press Information:
Please Caroline Hole-Jones at The Splash Partnership: 01225 318000.
SEWELL & GARDNER, LETTINGS DEPARTMENT
103A HIGH STREET, RICKMANSWORTH WD3 1AN